Moventas companies, currently under corporate restructuring, are taking measures to release their excess capacity in Finland. Therefore, the industrial gear manufacturer Moventas Santasalo Ltd has decided to terminate its lease agreement in the Karkkila factory as of the first quarter of 2013.

Moventas Santasalo has developed a new gear series of Yankee cylinder drive units for tissue machines.

Customer demand for Moventas products and services has not been affected by the restructuring process. We hear positive news both from industrial gear and wind gear businesses.

Wind and industrial gear manufacturer and service provider Moventas expanding its Chinese operations into manufacturing. The Suzhou-based unit will start manufacturing industrial gears next summer. 

Wind and industrial gear manufacturer and service provider Moventas is establishing a subsidiary in Brazil.  Reinforcing its local presence is part of the company´s strategy of bringing its services closer to the customer.